币界网报道:Hong Kong's Financial Secretary Paul Chan has cautioned against treating stablecoins as "quick wealth tools," emphasizing their primary role as a medium of exchange rather than speculative assets. Speaking at a fintech forum, Chan highlighted the government's balanced approach to regulating stablecoins, aiming to foster innovation while mitigating risks. He noted that Hong Kong is drafting a regulatory framework for stablecoins, expected to be introduced later this year, which will focus on issuer transparency, reserve backing, and consumer protection. The move aligns with global efforts to establish clearer rules for crypto assets, particularly after high-profile collapses like TerraUSD. Chan also reiterated Hong Kong's commitment to becoming a global crypto hub, pointing to recent initiatives such as the licensing regime for virtual asset trading platforms. However, he stressed that investor education remains critical to prevent misuse and ensure market stability. Industry players have welcomed the regulatory clarity but called for flexible policies to accommodate evolving technologies. The Hong Kong Monetary Authority (HKMA) is collaborating with international regulators to harmonize standards, ensuring the city's framework remains competitive yet robust. Chan's remarks reflect growing scrutiny of stablecoins worldwide, as policymakers seek to balance innovation with financial stability.